Contract electronics makers Wistron Corp (緯創) and Inventec Corp (英業達) have received the green light from the Ministry of Economic Affairs to build server facilities in the US.
The Department of Investment Review on Tuesday approved Wistron’s plan to invest US$455 million through its subsidiary Wistron Infocomm (USA) Corp to buy a plant in Texas, the ministry said in a statement.
The company has said it is planning to roll out artificial intelligence (AI) servers at the factory starting in the first quarter of next year to bypass Washington’s tariffs on imports.
Photo: Fang Wei-chieh, Taipei Times
The ministry also gave a green light to Inventec, which plans to invest US$85 million to build a new server facility in Texas, the statement said.
Inventec would invest the US$85 million in its US subsidiary Inventec (USA) Corp to finance the plant’s construction, it said.
Inventec has said that the US investment is part of its global expansion, while the Texas plant is expected to cater to its US clients and reinforce business ties with them.
Also on Tuesday, smartphone brand HTC Corp (宏達電) got the go-ahead to inject US$220 million into subsidiary HTC (BVI) Corp for strategic and financial investments, while Yuanta Financial Holding Co (元大金控) obtained approval to invest about US$116 million in South Korea to expand its banking business, the ministry said.
In terms of foreign direct investment in Taiwan, the ministry has approved a plan by Mitsui OSK Lines Ltd to invest about NT$6.64 billion (US$223.43 million) in Taiwan’s offshore wind energy sector, it said.
As for China-bound investments, printed circuit board maker Unimicron Technology Corp (欣興電子) secured approval to spend US$20 million to raise the amount of capital in its subsidiary in Kunshan to expand production capacity, the ministry said.
Cairo’s new monorail slices across the city skyline, running above the familiar chaos of blaring horns and aging buses’ exhaust fumes that mark rush hour below. The US$4.5 billion monorail, opened this month, is among Egypt’s most prominent new transport projects, part of a debt-funded infrastructure drive criticized for sapping state finances while bringing limited benefits to most of the country’s 109 million people. “It feels like you’re in a different country,” said Ramy Sayed, a restaurant manager, aboard a driverless Innovia 300 train. “No noise, no traffic, we’re not used to this.” The eastern line runs 56km from the bustling middle-class
Taiwanese firms have increased investment in the Philippines in recent years as Manila’s ties with Washington deepen and global supply chains continue to shift away from China, an expert at the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The Philippines had not been among Taiwanese investors’ top choices in Southeast Asia, CIER Taiwan ASEAN Studies Center director Kristy Hsu (徐遵慈) said at a seminar in Taipei. However, Taiwan’s investment in the country has grown significantly since the COVID-19 pandemic, reaching US $257 million last year, a high in recent years, she said. Although Taiwan’s total investment in the Philippines still lags
Intel Corp regards Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) as a longstanding partner, as the US chipmaker would continue outsourcing production of advanced chips to TSMC, Intel chief executive officer Lip-Bu Tan (陳立武) said yesterday. “I don’t look at people as competitors. I look at the collaboration... Nvidia is also, you know, a good friend,” Tan told a news conference following his keynote speech at the Computex trade show in Taipei. “It’s a very trusted partnership for us... We are a big, top customer for them, and we’re going to continue doing that,” he said, referring to TSMC, the world’s largest foundry
Artificial intelligence (AI) agents would supplant smartphones as the center of people’s digital lives, fundamentally reshaping personal devices and driving a major computing upgrade cycle, Qualcomm Inc CEO Cristiano Amon said yesterday. In his keynote speech for this year’s Computex trade show in Taipei, Amon said that the rise of "agentic AI" — AI systems capable of reasoning, planning and carrying out tasks autonomously — would transform how people interact with technology across phones, PCs, vehicles and wearable devices. Describing the technology as the next major evolution in computing, Amon said that "2026 is the year of agents.” For decades, smartphones have sat
RSS